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Market Analysis: Global Transdermal Gel Market

Global Transdermal Gel Market is expected to rise at a stable CAGR of 12.31% in the forecast period of 2019-2026. Increasing health awareness among consumer is the major factor for the growth of this market.

Market Definition: Global Transdermal Gel Market

Transdermal is a route of administration where active ingredients are delivered across the skin for systematic distribution. Transdermal gel is a medication that is applied and absorbed directly through the skin which can provide both local and systemic effects. Different pathways by which drugs can cross the skins and reach systematic circulations are- transcellular pathway, intercellular pathway and microneedles.

Market Drivers:

Increasing sedentary lifestyle, obesity which causes hypertension; hormonal imbalance etc. is the major factor for the growth of this market.

Increasing health expenditure in developing countries is driving the market.

Market Restraint:

The side effects of the transdermal gel is the major factor restraining its growth.

Segmentation: Global Transdermal Gel Market

By Technique

Ionophoresis

Electroporation

Sonophoresis

By End- User

Home Care Settings

Hospitals and Clinics

By Applications

Pain Management

Hormonal Applications

Central Nervous System Disorders

Cardiovascular Diseases

By Geography

North America

US.

Canada

Mexico

South America

Brazil

Argentina

Rest of South America

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Turkey

Belgium

Netherlands

Switzerland

Rest of Europe

Asia-Pacific

Japan

China

South Korea

India

Australia

Singapore

Thailand

Malaysia

Indonesia

Philippines

Rest of Asia Pacific

Middle East & Africa

South Africa

Egypt

Saudi Arabia

United Arab Emirates

Israel

Rest of Middle East & Africa

Key Developments in the Market:

In September 2016, Zynerba Pharmaceuticals announced the launch of its Phase 2 clinical trial, STOP (Synthetic Transdermal Cannabidiol for the knee pain due to osteoarthiris, of ZYN002 cannabidiol (CBD) gel. It is formulated as a permeation- enhanced gel for transdermal delivery.

In September 2015, Gensco Pharma announced the launch of its new transdermal medication ColciGel that is made for the treatment and prophylaxis of acute gout flares.

Competitive Analysis: Global Transdermal Gel Market

Global transdermal gel market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of transdermal gel market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Research Methodology: Global Transdermal Gel Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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